BlackRock’s Bitcoin Spot ETF Raises Billions in Capital!

by cryptheory

April 5, 2025

Reading Time: 2 mins read

Since its launch in January, BlackRock’s iShares Bitcoin Trust (IBIT) has dominated the ETF field, with a record inflow of $788.3 million in a single day. This supports BlackRock’s leadership in cryptocurrency-related financial products and represents significant confidence in the stability and growth of Bitcoin.

iShares Bitcoin Trust as a market leader: Following ETF expansion into the Ethereum market

In addition to its involvement in the Bitcoin space, BlackRock has also proposed the launch of a spot Ethereum ETF, which is currently under review by the SEC for approval. If approved, it would further strengthen BlackRock’s position as a dominant player in the cryptocurrency ETF field and could open up new opportunities for investors interested in Ethereum’s performance.

BlackRock’s plans to expand the world’s largest asset manager’s overall commitment to crypto ETFs should ideally serve as a significant signal to other large institutional investors. As a result, more and more otherwise traditional companies and, by extension, their customers, i.e. a huge number of investors, are likely to at least fundamentally consider similar steps.

Blackrock's #Bitcoin       ETF, IBIT, now holds 203,754 #BTC      , up 7,769 from yesterday.

Blackrock now holds 0.97% of the total supply of BTC, with its total assets valued at $14.7 billion.

900 BTC are issued per day. In April this will drop to 450.

Blackrock… pic.twitter.com/2YDN8vevBB

— Rajat Soni, CFA (@rajatsonifnance) March 12, 2024

This development is equally important for private investors and their crypto investments. Especially considering the outlook for other price forecasts on the market. In addition, this dynamic means that the availability and liquidity of cryptocurrencies is also improved by these funds. As a result, this can contribute to more stability in the cryptocurrency market.

This is due to the crude basis of the investment approaches of institutional investors. They rarely let their capital decisions be driven by emotional ups and downs rather than fact-based fundamentals. This move by BlackRock is once again a clear indicator of the continued rapid increase in the integration of cryptocurrencies into the wider financial market.

But even in the current bull market, both large investors and a large number of private investors are left out of crypto investments. One of the main reasons for many: the problem of environmental friendliness.